Which is true about the need of business ethics? a. Business operates outside the society. b. Business operates with or without the society. c. Business needs to function as responsible corporate citizen. d. Business can disregard its social X concern to survive long.

Which is true about the need of business ethics? a. Business operates outside the society. b. Business operates with or without the society. c. Business needs to function as responsible corporate citizen. d. Business can disregard its social X concern to survive long.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Q: What kinds of data do you believe the public should be able to see in annual reports from…

A: FEEL FREE TO ASK FOR CLARIFICATIONS

Q: ethical guidance of a combine typically communication, and a variety of othe a written code of…

A: This passage is about maintaining Ethics in Business and its importance. summarizing in the next…

Q: 3. Ethics refers to A)the practice of obeying applicable business laws and regulations B) the…

A: [Hi! As per the Bartleby Guidelines in case of Multiple questions we are instructed to solve the…

Q: As a CIO of a company today, how worried should you be for your organization and its customers about…

A: What is Cyber Security? The practice of protecting computers, servers, mobile devices, electronic…

Q: how to apply the following approaches to business ethics: • Utilitarian • Universalism…

A: Business ethiсs is the study оf аррrорriаte business роliсies аnd рrасtiсes regаrding…

Q: What is more important- a business’s responsibility to society, it’s employees, or to it’s…

A: Corporate Social Responsibility Corporate Social Responsibility (CSR) is a management concept that…

Q: Offer a resource (news/post/article) that you think would add to the Ethical Dilemma of AI in…

A: Resource: "AI Bias in Hiring: Can We Mitigate It?" from Harvard Business Review:…

Q: Explain the major ethical theories discussed in class that business people can use to guide their…

A: Note: The answer has been framed in a generalized manner.The skill of leading with an ethical…

Q: n relation to Corporate Governance, select the most accurate statement: Corporate Governance refers…

A: A system of rules and procedures based on which the business enterprises are required to manage and…

Q: 2 Which of these is an argument in favour of Corporate Social Responsibility? A) Ensuring the most…

A: Corporate social responsibility is a course of action in which the organization works to enhance the…

Q: Virtue ethics is agent based, because agents use a moral code they've adopted for themselves, and…

A: Note: The solution is provided in a generalized way.Virtue ethics is a normative ethical theory that…

Q: How would you explain CLV to a small business owner who had no formal business schooling? What would…

A: Customer Lifetime Value (CLV) is the amount of money spend by the customer throughout the entire…

Q: https://www.bartleby.com/s/5a2bae5d-094d-41d5-999c-164d0763d875 base on the information I got above…

A: Emulate in future business endeavors:Aisin Corporation's dedication to providing assistance to its…

Q: Analyze any potential ethical dilemmas. As a decision maker, apply any two of these approaches to…

A: Monetary emergencies wherever on the planet had required the essentials of extending organization…

Q: My business is mobile dog groomings. Please explain and use phase 1 and phase 2 and phase three

A: In today's business landscape, Corporate Social Responsibility (CSR) has become increasingly vital…

Q: Business Ethics class: review and reflect on what you have learned. Identify and discuss a topic or…

A: Business ethics governs people's and corporations' actions. I will discuss age, gender, racism,…

Q: Superior Beverages", a medium sized juice company that wants to report on social and environmental…

A: Social and environmental responsibility takes into account people, resources that leads to sustained…

Q: Discuss the comment that, business is charged with making a profit within the rules set down by…

A: The business responsibility is defined through its self regulations that guide its ethical…

Q: Do you think companies have to operate ethically to be ﬁnancially successful? Why or why not?

A: Business ethics refers to the set of norms and fundamental principles that need to be followed when…

Q: Which are levels of corporate social responsibilities ? A. Economic, legal, ethical, and…

A: Introduction: Corporate social responsibility (CSR) is a business practice that requires companies…

Q: What are the most important ethical considerations that managers must take into account when making…

A: Ethics play a crucial role in business decision-making, and managers must consider various ethical…

Q: Considering the COVID 19 pandemic and its impact on the general business environment, use the…

A: COVID-19's influence on small business performance and expectations This research gives economic…

Q: How to respond to this in 100 words? Ethics and strategic management relates because both weighs…

A: Strategic Management and Ethics are two founding pillars of any organization as they help in…

Q: What is a non profit organization? What are the five stakeholders (people, groups, or institutions)…

A: FEEL FREE TO ASK FOR CLARIFICATIONS

Concept explainers

Introduction to Business Messages

Business messaging refers to a variety of channels via which businesses and customers can interact. SMS or text messaging is the most popular method of communication. Shipment reminders, promotional incentives, marketing offers, and scheduled appointments are all things we have dealt with. These are the types of messages we usually identify with business communication. Business messaging can take place on any digital platform where your consumers already spend some time, with the expectation that communication will be two-way. Business messaging brings comfort and simplicity to customers. Customers expect comfort from pre-sales and post-sales engagements with businesses as they do with friends and family. In addition, messaging is the favored method of contacting a firm for 66% of buyers. Here are a few examples of popular business messaging situations.

Question

Which is true about the need of business ethics?
a. Business operates outside the
society.
b. Business operates with or without
the society.
c. Business needs to function as
responsible corporate citizen.
d. Business can disregard its social X
concern to survive long.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.

Similar questions

To act ethically in business it is only necessary to follow the law. Do you agree or disagree with this statement? Why or why not?
Managers at a well-known company sold their stock in advance of other shareholders because they knew that their company's performance was about to fall. This demonstrates the _______ approach to social responsibility. proactive accommodative reactive defensive obstructionist
(1) How can consumer experiences help a businessprofessional excel on the job? (2) If organizedbusinesses didn’t exist and the economy werecomposed of individual craftspeople, would the resultbe more or less pollution? Explain your answer.
UserChoose one of Confucius's teachings and describe how that principle relates to the military ethical perspective. Does it support your perspective or contrast with your perspective? How does this principle compare to one of the other ethical perspectives covered in Chapter One (Utilitarianism, Altruism, etc.)? Is it quite similar or quite different?
Why we should not rely so heavily on incentives, rules, or even ethics classes in business?
It is important for an organization to be ethical and to be seen as being ethical. Faced with a challenging business environment, how should organizations address and resolve ethical dilemmas that they face?
Ben & Jerry's: https://www.benjerry.com/values1.How Ben & Jerry's company social responsability impact both the company and their customers. 2. Describe Ben & Jerry's effort to promote ethical and social good. 3.Describe the organizational benefits from adopting socially conscious policies. 4. Suggest one socially responsible policy that a pet supply company could put into place, and explain how this would benefit the company and its consumers.
Propose and discuss, in sufficient details, at least 4 practical strategies how you, as an individual, could reduce water pollution and by doing so become a ‘corporate citizen’.